Your salary is just the start for loan approval. Lenders scrutinize your income after deducting all current EMIs. This remaining amount, me...

Americans are missing car payments at a record rate, with 6.6% of subprime borrowers behind on loans, comparable to the 2008 financial cris...

HDFC Bank is finalizing a Rs 12,372 crore car loan portfolio assignment to reduce its credit-deposit ratio. This follows a similar Rs 9,062...

To safeguard the interest of the borrowers RBI has introduced a Fair Practices Code. The right to humane treatment requires that borrowers ...

The mergers were found to have resulted in a near 10% reduction in NPAs of weak merging banks, and almost all the decline is due to a decre...

Lender seizes 300 cars after payment defaults by drivers which reflect lower earnings by drivers amid a surge in cab numbers.

Bankers who spoke to ET believe the defaults are higher among drivers on Ola as they accept more payment by cash compared with those drivin...

With losses increasing, investors in bonds backed by car loans are demanding higher returns, as reflected by yields, on their securities.

Mallya has been on the radar of the Indian agencies for a long time now and the government has been in talks with the UK government for his...

According to an executive at a private bank, the rate of dishonour of cheques in the two-wheeler loan segment touched 23-25% in the last si...

The State Bank of India (SBI) has tightened the eligibility criteria for its car loans and will now extend finance to only those earning ov...

The bank will now offer car loans only to those who earn at least Rs 2.5 lakh a year - or about Rs 21,000 a month, up from Rs 1 lakh a year...

In case of a default there are many other options available to you. Don't give up on your car until you try all of these.

India’s second-largest lender, ICICI Bank, which scaled back auto loans in the past two years on the back of rising defaults, plans to go a...

A car loan default happens when a customer repeatedly fails to make the agreed car loan payments to the lender/bank. How & when to negotiat...

Getting bank loans has become tougher. Because banks are closely watching your credit history.

Banks may not find much leeway for cheap loans -- often pushed by the government for political reasons -- once they adopt International Fin...